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0 sats \ 1 reply \ @028559d218 15 Sep \ parent \ on: Some important aspects for node runners bitcoin
Best I can tell it's already configured... to connect over clearnet inbound to 'Listen'.
Right?
10 sats \ 5 replies \ @028559d218 15 Sep \ parent \ on: Some important aspects for node runners bitcoin
This is what the configuration page looks like for an Umbrel node (out of the box) with their latest UI.
What should I be doing differently? Best I can tell I have ~ 50 peers over Clearnet/Tor/I2p but all my inbound connections appear to be Tor/I2p.
This is not the only node I run but it is the easiest to get 'configured' what do you think?
21 sats \ 0 replies \ @028559d218 13 Sep \ parent \ on: Carrier warns of 40% residential HVAC drop econ
Well when the government raises taxes something like 20-40% across the board... quite rapidly with no guarantee as to when they'll come back down again...
What did people expect?
Uncertainty reduces business investment and expenditure. And high taxes reduces demand...
Wasn't this in a book somewhere?
Why wouldn't someone construct a new kind of Steemit on lightning, then "settle" all of the text every 10 minutes, taking up the entire block to create an immutable Twitter?
Because there is no alternative to using Bitcoin. There is no second best, and no viable realistic alternative.
Therefore 200 million companies, 8 billion people more or less on 7 continents, if they want the 'very best' monetary settlement layer and settlement system (which they will) will have to compete for blockspace.
The 'arbitrary data' crowd will still be there. Banging away up to 1mb-per-10 minutes among 8 billion people in op_return.
But they will pay to compete for this 'space' with the entire world making financial/primarily monetary transactions and the fees (demand) will be absolutely outrageous.
I need to move those funds from London to Tokyo. I need to move those funds to an exchange to liquidate... to recapitalize my business or other investment.
Or I need to pay for this item/thing/service which is so valuable... I need it "high priority" mail... as in now I cannot wait.
Oh and you need arbitrary data? Great. Well we'll see how a billion people and 20 million companies compete for that data and monetary access and it will ultimately be a bidding war of epic proportions.
1 mb per 10 minutes for the entire planet.
VS all the world's really valuable monetary transactions that users will bid up...
It will be a vicious bidding war as that was the inevitable, ethical, fate of the mempool anyway.
While people are stupidly... unbelievably arguing about 'knots vs core' and how many jpegs people want to inscribe...
The powers that be don't want Bitcoin to be used with relative privacy for its design purpose: money.
How is international trade, international finance, the hedging of global monetary risk, political risk, and the protection from fiat debasement... supposed to occur with Bitcoin if you're 'not allowed' to single-use addresses or have basic privacy practices???
It's like closing the barn door once the horse is already out.
this is one of the craziest stories i've read.
hackers are absolutely going through and testing low-entropy generation tools, there was a defcon presentation on it a few years back so they absolutely are doing it now.
As far as their entropy, they could have taken dice from a gaming store or dice from a real casino, rolled the binaries themselves and generated very high entropy that way.
You still need a computer to produce the checksum but the entropy can be produced through nature... a shitton of dice rolls and be way better off.
Keep in mind the nazi party (the national socialists) perhaps responsible for among the greatest crimes against humanity of the 20th century...
Was a right wing party.
Today right wing "conservatives" (who are anything but) are spearheading protectionism, nativism, the scapegoating of immigrants, and the takeover of industries (nationalization) while ignoring the courts, undermining congress, running huge deficits, and making 'excuses' for inexcusable acts carried out by Putin, Xi, and others.
Conservatism used to stand for free trade, limited government, the free exchange of ideas, a strict interpretation of documents (like the constitution)... but those things don't apply anymore.
Somehow the US is losing its standing as the global power... and the response from Americans? To go down the same disastrous road as the Germans did in the 1930s.
@Solomonsatoshi is right - China won the trade war and the United States needs investment in its infrastructure and education to stay competitive... not more scapegoats.
It's not too late to 'get real' but we need better leadership from Americans.
Even if somehow magically they don't teach DEI race sensitivity genders etc...
it doesn't improve test scores magically
I'm bullish on proof-of-work. It's the future foundation, in my opinion, of our civilization and a huge part of the new/nascent 'digital economy.'
If you want to do 'proof of work' there is only one game in town as it's the biggest/most ethical/best developed most transparent network: Bitcoin.
Everyone will need it in some form or fashion or need exposure to it through some kind of 'layer.'
Is that 'bullish'?
Even my good friends 'roll their eyes' when I mention Lightning... they just kinda chuckle + roll their eyes.
Have they ever used it? No.
Do they they have the slightest idea as to what a 'Lightning wallet' is? No.
How it works? No idea.
I tell them I believe we'll basically all have Lightning wallets in 10 years and they're like... 'OK maybe you're right' but they don't want to learn anything else they don't even ask questions.
I never under any circumstances mention Bitcoin to cab/Uber drivers because they will think:
- you will give them a whole Bitcoin (which is 'a lot' they think)
- I'm afraid of getting robbed even though I don't have a whole Bitcoin anyway much have access to one on an Uber??????
- They will think i'm a scammer/weird person
- They will think this is some part of some kind of weird crypto-pitch... and I 'want something' from them otherwise why would I give them something for free???
- Or they'll think I'm some weird tech startup/crazy person/scammer and either they'll rob me or I'll scam them.
This is basically the state of "Bitcoin" among normies today.
So I never mention Bitcoin in those circumstances. If they have a "lightning wallet" then that's different... they already know what it is but I haven't found ANY drivers that have the slightest clue what I'm talking about.
That's exactly what it would accomplish.... bloat the UTXO set faster (the set is always growing, typically). That makes it harder to run a node over time, and could be an attack vector. At least that's what I would do
You know if she lost like 25 pounds (ok maybe 35 pounds) shaved better, redid her hair, got a better outfit...
She would look better. Right?